Optimizing the tax treatment for required minimum distributions

Most retirement-age investors know that they need to take required minimum distributions from qualified retirement accounts on a set schedule once they reach 70 1/2.

If these clients haven’t yet established a goals-based financial plan that accounts for all sources and uses of their cash flow during retirement, however, they may not have thought about how to deploy their RMD funds in a way that helps them both cover their expenses and optimize their tax bills.